Finance News

Dalaroo to Acquire Advanced Gold Project in Cote D’Ivoire, West Africa



Terms of the Option Agreement

On May 15th, 2025, Trailbreaker signed an option agreement (the “Agreement”) with Ron Bilquist (“Bilquist”) of Gabriola, BC. Subject to the approval of the Exchange, Trailbreaker has the option to acquire a 100% interest in the Coho property if the following terms are met:

(a) pay to Bilquist an aggregate $380,000 as follows:

(i) $20,000 on execution of this Agreement;

(ii) an additional $25,000 on or before May 20, 2026;

(iii) an additional $35,000 on or before May 20, 2027;

(iv) an additional $50,000 on or before May 20, 2028;

(v) an additional $50,000 on or before May 20, 2029;

(vi) an additional $200,000 on or before May 20, 2030; and

(b) issue and deliver to Bilquist an aggregate 700,000 Trailbreaker common shares (“Shares”) as follows:

(i) 50,000 Shares within 10 days of the date of Regulatory Approval;

(ii) an additional 100,000 Shares on or before May 20, 2026;

(iii) an additional 150,000 Shares on or before May 20, 2027;

(iv) an additional 200,000 Shares on or before May 20, 2028;

(v) an additional 200,000 Shares on or before May 20, 2029; and

(c) complete Expenditures on the Property of $200,000 as follows:

(i) $200,000 of Expenditures on or before May 20, 2027; and

(ii) Expenditures (including the Expenditures referred to in (i) above) of $1 million or

1,500 metres of diamond drilling within 3 years of receiving a drill permit

Upon completion of the Agreement, Trailbreaker will obtain a 100% interest in the property and Bilquist will retain a total 2.0% Net Smelter Return (NSR) royalty, which may be brought down to 0.5% through a cash payment of $1,500,000 to Bilquist.

Upon completion of a bankable feasibility study, Trailbreaker shall pay to Bilquist $1,500,000.

Commencing on May 20, 2032, Trailbreaker shall pay to Bilquist annually $30,000 as an advance payment against the royalty, such payments to be credited against the royalty once the property goes into commercial production.

For more information about the Coho property see the May 26, 2025 news release or the Coho section on Trailbreaker’s webpage:

About Trailbreaker Resources

Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker’s BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.

Other

For new information about the Company’s projects, please visit Trailbreaker’s website at



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Dalaroo to Acquire Advanced Gold Project in Cote D’Ivoire, West Africa

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